Mumbai, Sept. 24 -- JioBlackRock Asset Management, the joint venture between Jio Financial Services and US-based BlackRock, has launched its first active equity offering - the JioBlackRock Flexi Cap Fund. The new fund offer (NFO) opened for subscription on September 23 and will remain available to investors until October 7, 2025.

The fund is positioned as a diversified equity scheme with a mandate to invest across large-cap, mid-cap, and small-cap segments. It seeks to deliver long-term capital appreciation by leveraging BlackRock's Systematic Active Equity (SAE) approach, which combines human expertise with artificial intelligence, machine learning, and alternative data sources to make investment decisions. The model integrates market i...